CL Insider Filing: Malcolm Gregory Withholds Shares to Cover RSU Taxes
Rhea-AI Filing Summary
Malcolm Gregory, listed as Executive Vice President and Controller of Colgate-Palmolive Company (CL), reported routine share withholding to cover tax liabilities from vesting restricted stock units. The form shows two small dispositions: 89 shares disposed on 09/12/2025 and 152 shares disposed on 09/13/2025, each at a price of $83.28. After the 09/12 transaction he beneficially owned 12,057 shares directly and after 09/13 he beneficially owned 11,905 shares directly. He also holds 8,445 shares indirectly through the issuer's 401(k) plan trustee. The filing explains these dispositions were the withholding of shares to pay tax on vested restricted stock units. The form is signed on behalf of the reporting person by an attorney-in-fact.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding share disposals from vested RSUs by an officer; no governance red flags evident.
The transactions are small in size relative to typical executive holdings and are explicitly described as tax-withholding related to vested restricted stock units. Such withholdings are standard, non-discretionary administrative events and do not indicate voluntary monetization or changes in insider intent. Reporting identifies the reporting person as EVP and Controller and shows direct and indirect ownership breakdowns, including 8,445 shares held via the company's 401(k) trustee. The form was executed by an attorney-in-fact, a common procedural practice.
TL;DR: Small, non-material share disposals at $83.28 tied to RSU tax withholding; no material impact on capitalization or insider alignment.
The two disposals (89 and 152 shares) at $83.28 are explicitly for tax withholding on vested RSUs, which typically reduces outstanding insider-held shares modestly but does not affect company operations or capital structure. Reported post-transaction direct holdings (12,057 and 11,905 shares) and 8,445 indirectly held via the 401(k) plan provide transparent ownership levels. No options or derivative transactions were reported. From an investor-impact perspective, these are routine and non-material.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 152 | $83.28 | $13K |
| Tax Withholding | Common Stock | 89 | $83.28 | $7K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
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